Two British men have been sent to prison for their involvement in a criminal scheme that targeted students and managed to steal £1.5 million.
Just before students returned to university in September last year, Damola Clement Olatunji and Amos Njoroge Mwangi sent out a flood of emails pretending to be related to loans that the recipients were receiving to support them in their education, and asking students to confirm their banking details.
Believing that it would help them receive funds, thousands of students mistakenly handed over their banking details.
Having stolen the login details of respondents, Olatunji and Mwangi stole money from the bank accounts of thousands of students.
Read more in my article on the Naked Security website.